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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 175.10

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From: BDAZZ	4/12/2007 2:45:22 PM
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Nokia's boasts are curiouser and curiouser. From QCOM PR: >>QUALCOMM is concerned that Nokia continues to attempt to mislead the industry and the investment community. Nokia's statement today that "it has paid less than 3 per cent aggregate license fees on WCDMA handset sales under all its patent license agreements" and that such "WCDMA handset related royalty payments made by Nokia include all WCDMA handset royalty payments made to Qualcomm ", if true, would mean that Nokia has seriously underpaid royalties owed to QUALCOMM under the parties' 2001 license agreement and is in material breach of the agreement. QUALCOMM will address this potential breach through legal and contractual channels.<<

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